Davidson, NC Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
125
Davidson's Overall Cost Of Living
1.2x
Higher Than The National Average
149 out of 153
In North Carolina
5,043 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Davidson is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Davidson, NC?

According to the most recent data on the cost of living, Davidson has an overall cost of living index of 125 which is 1.2x higher than the national index of 100.

Compared to only North Carolina, Davidson has a cost of living index that's 1.3x higher than North Carolina's index of 95.

The standard of living in Davidson ranks as #5,045 most affordable out of the 6,418 places we measured in North Carolina. By definition, that implies Davidson ranks as the #1,374 most expensive place in the Tar Heel State.

For more reading on life in Davidson, check out:

Davidson Cost Of Living Vs. North Carolina

Living Expense Davidson North Carolina National Average
Overall 125 95 100
Services 104 102 100
Groceries 103 100 100
Health 103 108 100
Housing 182 87 100
Transportation 104 96 100
Utilities 95 98 100
For more reading on cost of living around North Carolina, check out:
Davidson Cost of Living Vs. NC

Davidson, NC Housing Cost Breakdown

Housing swings affordability the most between places in North Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$439,100
Median Home Value
$1,297
Median Rent
$131,144
Median Income
Statistic Davidson North Carolina United States
Median Home Value $439,100 $182,100 $229,800
Median Rent $1,297 $932 $1,096
Median Income $131,144 $56,642 $64,994
Home Value To Income 3.3x 3.2x 3.5x
Rent To Monthly Income 0.12x 0.2x 0.2x

Detailed Davidson Services Costs Vs. North Carolina

Item Davidson North Carolina
Shampoo $1.0 $1.06
Movie $10.0 $10.68
Bowling $22.35 $14.67

Detailed Davidson Groceries Costs Vs. North Carolina

Item Davidson North Carolina
Ground Beef $3.88 $4.22
Fried Chicken $1.46 $1.39
Milk $1.69 $2.05

Detailed Davidson Health Costs Vs. North Carolina

Item Davidson North Carolina
Haircut $16.9 $18.62
Beauty Salon $39.1 $39.05
Toothpaste $2.27 $2.34

Detailed Davidson Transportation Costs Vs. North Carolina

Item Davidson North Carolina
Potatoes $3.65 $3.29
Pizza $9.09 $10.62
Beer $10.42 $9.38
Optometrist $119.06 $108.57
Doctor $121.12 $116.17
Dentist $112.88 $99.13

Detailed Davidson Utilities Costs Vs. North Carolina

Item Davidson North Carolina
Gasoline $2.35 $2.22
Tire Balancing $45.59 $50.07
All Electricity $158.05 $167.67
Phone $179.94 $175.64

Davidson SnackAbility

9.5
/10
Overall SnackAbility
Jobs
9/10
Housing
9
Affordability
8
Diversity
7
Safety
8.5
Amenities
8.5
Education
9.5
Commute
6

Cost Of Living In Cities Around Davidson

City Population Cost Of Living Vs. Davidson
Charlotte, NC 873,570 103 0.8x
Concord, NC 94,147 96 0.8x
Huntersville, NC 57,288 113 0.9x
Kannapolis, NC 49,788 92 0.7x
Mooresville, NC 38,498 101 0.8x
Cornelius, NC 29,836 113 0.9x
Harrisburg, NC 16,073 111 0.9x
Mount Holly, NC 15,947 96 0.8x
Lake Norman of Catawba, NC 8,701 112 0.9x

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